Eight Capital Funds

Eight Capital Mezzanine and Special Situations Fund

Eight Capital Mezzanine and Special Situations Fund was launched in April 2011 to provide mezzanine capital to mid-cap high growth companies in India. The fund will target companies where the mezzanine finance will produce enormous operating leverage, which in turn will boost free cash flows, earnings and equity valuations of the company. The goal of the fund is to provide investors with equity-like returns with high interest income, along with the downside protection of a debt fund.

The lack of a high-yield market in India has created the perfect environment for mezzanine financing. The combination of high interest rates along with equity exposure to high growth businesses makes the mezzanine market in India one of the most attractive investment opportunities in Asia today. We believe that the Indian credit markets are in the nascent stages of explosive growth, and we are well positioned to take advantage of this opportunity.

Eight Capital Special Situations and Distressed Fund

The fund was launched in January 2006 to address the pent up demand for high-yield capital from Indian companies. The objective of the fund is to provide investors superior equity-like returns while providing a cushion on downside risk. The portfolio manager targets viable distressed assets or healthy assets trading at distressed prices. These include convertible bonds and restructured equities issued by Indian companies. Since the inception of the fund, the Eight Capital team has successfully deployed over $250MM in credit and distressed investment opportunities in India across more than 11 listed and unlisted Indian companies.